创业板风险提示：本次发行股票拟在创业板上市，创业板公司具有创新投入大、新旧产业融合存在 不确定性、尚处于成长期、经营风险高、业绩不稳定、退市风险高等特点，投资者面临较大的市场 风险。投资者应充分了解创业板的投资风险及本公司所披露的风险因素，审慎作出投资决定。 中航上大高温合金材料股份有限公司 Zhonghang Shangda Superalloys Co.,Ltd. （河北省清河县挥公大道 16 号） 首次公开发行股票并在创业板上市 招股说明书 （申报稿） 声明：本公司的发行申请尚需经深圳证券交易所和中国证监会履行相应程序。本招股说明书（申报 稿）不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当以正式公告的招股说明书作 为投资决定的依据。 保荐人（主承销商） （北京市朝阳区建国门外大街 1 号国贸大厦 2 座 27 层及 28 层） 中航上大高温合金材料股份有限公司 招股说明书（申报稿） 声 明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发行人注册 申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈 利能力、投资价值或者对投资者的收益作出实质性判断或保 ...

Financial Performance - The company's operating revenue for 2022 was ¥6,537,322,312.47, representing a 9.43% increase from ¥5,973,833,592.73 in 2021[17] - The net profit attributable to shareholders for 2022 was ¥1,287,845,000.78, a significant increase of 62.18% compared to ¥794,076,910.60 in 2021[17] - The net profit after deducting non-recurring gains and losses was ¥1,268,311,029.73, up 73.24% from ¥732,126,688.02 in the previous year[17] - The net cash flow from operating activities reached ¥993,567,658.52, marking a 30.93% increase from ¥758,842,019.11 in 2021[17] - Basic earnings per share for 2022 were ¥1.34, a 61.45% increase from ¥0.83 in 2021[17] - Total assets at the end of 2022 amounted to ¥9,870,589,263.28, reflecting a 26.08% increase from ¥7,828,837,932.49 at the end of 2021[17] - The net assets attributable to shareholders increased by 22.01% to ¥6,218,111,564.02 from ¥5,096,549,665.49 in 2021[17] - The company's weighted average return on equity rose to 23.04%, an increase of 6.71 percentage points from 16.33% in 2021[17] - The total profit for the year was ¥1,384,773,921.87, marking a significant increase of 52.99% from ¥905,134,399.57 in the prior year[38] - The company’s cash flow from operating activities increased by 30.93% to ¥993,567,658.52, driven by higher sales revenue and increased orders[38] Revenue and Sales - In Q1 2022, the company reported revenue of ¥1,319,008,102.38, which increased to ¥1,778,761,734.19 by Q4 2022, reflecting a growth of approximately 34.9% over the year[20] - The revenue from the oil, chemical, and natural gas sector was ¥3,615,056,141.47, accounting for 55.30% of total revenue, with a year-on-year growth of 6.78%[45] - The overseas revenue increased by 32.32%, primarily due to the company's active expansion into high-end overseas markets[44] - The sales volume of seamless pipes decreased by 3.87% to 53,476 tons in 2022, while the inventory increased by 17.38% to 6,086 tons[46] - The sales of welded pipes increased by 17.22% year-on-year, reaching ¥2,058,989,190.64[45] Research and Development - Research and development expenses amounted to ¥304,243,957.25, which is a 15.82% increase from ¥262,691,096.13 in the previous year[37] - The company has a research team of 422 personnel, including 3 experts receiving special government allowances and 8 PhDs[40] - The company has established a comprehensive R&D platform, including partnerships with prestigious institutions, enhancing its innovation capabilities in stainless steel and special alloy manufacturing[30] - The company is focusing on high-end product development, including corrosion-resistant alloys and high-temperature alloys, to enhance its innovation capabilities[56] - The company launched its third employee stock ownership plan to enhance talent attraction and retention amid increasing market competition[42] Market Position and Strategy - The company’s market share has consistently ranked first in the domestic stainless steel pipe industry, demonstrating its competitive advantage and pricing power[32] - The company is actively pursuing digital transformation and technological upgrades to reduce production costs and improve product quality[26] - The company plans to continue expanding its overseas market presence and developing new products to enhance competitiveness[44] - The company is committed to exploring carbon neutrality solutions in response to national "dual carbon" policies, positioning itself for future market opportunities[26] - The company is focusing on the development of high-quality special alloy new materials, which is a key area for future growth[88] Risk Management - The company has outlined potential risks in its future development outlook, which investors should be aware of[3] - The company recognizes the risk of operational performance fluctuations due to macroeconomic conditions affecting the energy and equipment manufacturing sectors[109] - The company faces risks related to raw material price volatility, particularly for nickel, chromium, and molybdenum, which are critical for high-end stainless steel products[110] - The company is at risk from changes in export tax rebate policies, which could impact the competitiveness of its products in international markets[111] Corporate Governance - The company held 5 shareholder meetings during the reporting period, ensuring equal rights for all shareholders[117] - The board of directors convened 6 meetings, approving key proposals including regular reports and external investments[118] - The company has established a fair and effective performance evaluation and incentive mechanism for senior management[119] - The company maintained independent operations in terms of business, personnel, assets, and finance, ensuring no conflicts with controlling shareholders[121] - The company has a comprehensive governance structure that complies with regulatory requirements[116] Environmental Responsibility - The company has actively invested in environmental protection equipment and ensured compliance with relevant laws and regulations regarding environmental protection[176] - The company reported a total chemical oxygen demand (COD) discharge of 45.3 tons/year, which is below the permitted limit of 56.9 tons/year[172] - The company’s ammonia nitrogen discharge was 3.22 tons/year, also below the regulatory limit of 3.98 tons/year[172] - The company has established a comprehensive emergency response plan for environmental pollution incidents[175] - The company has implemented a self-monitoring plan for environmental emissions, ensuring compliance with local environmental regulations[174] Employee Management - The company employed a total of 2,733 staff at the end of the reporting period, with an additional 567 employees in major subsidiaries[145] - The company has established a dynamic management system for employee compensation, incorporating five different compensation models to attract and retain talent[147] - The company conducted 107 training sessions with a total of 12,693 participants, resulting in 25,805.2 training hours[148] - The company has a structured training program aimed at addressing organizational needs and enhancing employee skills[148] - The company has signed 100% of labor contracts and provides comprehensive employee benefits, including social insurance and health programs[181]

关于召开2022年度网上业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或者重大遗漏。 浙江久立特材科技股份有限公司（以下简称"公司"）将于2023年3月21日 在巨潮资讯网（www.cninfo.com.cn）披露2022年年度报告。为便于广大投资者 进一步详细了解公司情况，公司定于2023年3月24日（星期五）15:00~17:00在全 景网举办2022年度业绩说明会，本次年度业绩说明会将采用网络远程的方式举 行，投资者可登陆全景网"投资者关系互动平台"（http://ir.p5w.net）参与本次 年度业绩说明会或者直接进入公司路演厅（http://ir.p5w.net/c/002318.shtml）参 与本次年度业绩说明会。 出席本次说明会的人员有：公司董事长李郑周先生、财务负责人章琳金女 士、独立董事郑万青先生及董事会秘书寿昊添先生。 为充分尊重投资者、提升交流的针对性，现就公司2022年度业绩说明会提 前向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于2023年3 月22日（星期三）15：00前访问http://ir.p5w.net ...

Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,319,008,102.38, representing a 2.32% increase compared to CNY 1,289,127,458.25 in the same period last year[3]. - Net profit attributable to shareholders for Q1 2022 was CNY 194,002,706.59, a significant increase of 36.47% from CNY 142,160,317.59 in the previous year[3]. - The net profit after deducting non-recurring gains and losses was CNY 184,519,588.64, reflecting a 36.90% increase compared to CNY 134,788,821.05 in the same period last year[3]. - Basic and diluted earnings per share for Q1 2022 were both CNY 0.1985, marking a 34.58% increase from CNY 0.1475 in the same period last year[3]. - Operating profit for the quarter was CNY 212,876,183.15, compared to CNY 159,438,090.67 in the previous year, indicating a growth of 33.6%[26]. - Net profit for the period reached CNY 212,365,944.10, an increase from CNY 159,734,904.73, representing a growth of 32.9% year-over-year[26]. - The company reported a total comprehensive income attributable to the parent company of CNY 193,934,389.76, compared to CNY 141,799,766.07 in the previous year, reflecting an increase of 36.8%[28]. Cash Flow and Liquidity - The company's cash flow from operating activities showed a negative net amount of CNY -138,890,277.94, a decline of 234.26% compared to CNY 103,451,211.75 in the previous year[3]. - Cash flow from financing activities showed a net inflow of CNY 254 million, a 180.58% increase compared to the previous year[9]. - Cash and cash equivalents at the end of the period amounted to CNY 1,108,008,771.79, down from CNY 1,202,562,529.21 at the beginning of the period, a decrease of 7.8%[31]. - The company raised CNY 305,000,000.00 from financing activities, significantly higher than CNY 37,084,700.00 in the previous year, indicating a growth of 720.5%[31]. - Investment activities resulted in a net cash outflow of CNY 191,849,300.18, compared to a net outflow of CNY 213,529,505.48 in the same period last year, showing an improvement of 10.2%[30]. Assets and Liabilities - Total assets at the end of Q1 2022 were CNY 8,100,166,613.53, up 3.47% from CNY 7,828,837,932.49 at the end of the previous year[4]. - Current assets totaled CNY 4,312,517,222.46, compared to CNY 4,170,817,898.41 at the start of the year, reflecting an increase of 3.4%[15]. - Total liabilities were CNY 2,645,019,403.10, compared to CNY 2,567,735,544.43, indicating an increase of 3.0%[18]. - Shareholders' equity attributable to the parent company increased to CNY 5,290,484,055.25, a rise of 3.81% from CNY 5,096,549,665.49 in the previous year[4]. - Shareholders' equity totaled CNY 5,455,147,210.43, up from CNY 5,261,102,388.06, representing a growth of 3.7%[22]. Costs and Expenses - The company's operating costs for Q1 2022 were CNY 1,007,165,602.76, which is a 2.62% increase from CNY 971,680,762.64 in the same period last year[3]. - Total operating costs amounted to CNY 1,177,907,005.43, up from CNY 1,131,926,829.19, reflecting a year-over-year increase of 4.1%[24]. - The company incurred CNY 198,801,414.43 in cash payments to employees, an increase from CNY 181,851,653.09 in the previous year, representing a rise of 9.0%[30]. - The tax expenses for the quarter were CNY 18,252,804.90, compared to CNY 16,518,560.30 in the same period last year, reflecting an increase of 10.5%[27]. Investment and R&D - Investment income attributable to the listed company increased by 258.90% to CNY 75 million, driven by higher equity method accounting gains[9]. - Research and development expenses rose by 10.53% to CNY 58.84 million, reflecting ongoing investments in high-end product markets[9]. - The company reported a significant increase in investment income, reaching CNY 75,033,279.27, compared to CNY 20,906,358.44 in the previous year, a growth of 258.5%[26]. Inventory and Contract Liabilities - The company's inventory as of the end of Q1 2022 was approximately CNY 1.65 billion, a 11.01% increase compared to the previous year[9]. - The company reported a decrease in contract liabilities by 15.65% to CNY 434 million, indicating improved revenue recognition[9].

Financial Performance - The company's operating revenue for Q3 2021 was ¥1,532,579,940.43, representing an increase of 8.25% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥235,771,006.52, a decrease of 20.24% year-on-year[3]. - The net profit excluding non-recurring gains and losses was ¥227,520,175.46, down 6.20% from the previous year[3]. - Basic earnings per share decreased by 31.43% to ¥0.24, primarily due to the cancellation of export tax rebates[6]. - Total operating revenue for the third quarter reached CNY 4,492,983,706.24, an increase of 25.5% compared to CNY 3,582,322,655.48 in the same period last year[22]. - Net profit for the period was CNY 618,388,496.48, representing a 12.1% increase from CNY 551,450,519.26 in the previous year[23]. - Total comprehensive income for the third quarter reached CNY 617,343,301.34, an increase from CNY 551,428,226.43 in the same period last year[24]. - Basic earnings per share for the third quarter were CNY 0.64, slightly down from CNY 0.65 year-on-year[24]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,234,084,985.78, an increase of 6.08% from the end of the previous year[3]. - The company's total assets increased to CNY 7,234,084,985.78, up from CNY 6,819,629,679.33, reflecting a growth of 6.1%[21]. - Total liabilities rose to CNY 2,162,111,333.49, compared to CNY 1,869,576,422.76, marking an increase of 15.6%[21]. - The equity attributable to shareholders of the parent company reached CNY 4,910,558,903.34, up from CNY 4,804,974,012.20, indicating a growth of 2.2%[21]. Cash Flow - The company reported a net cash flow from operating activities of ¥773,213,680.34, an increase of 2.14% year-to-date[3]. - Cash inflow from operating activities totaled CNY 5,011,444,441.77, compared to CNY 4,228,464,185.97 in the previous year[26]. - Net cash flow from operating activities was CNY 773,213,680.34, showing an increase from CNY 756,978,090.37 year-on-year[26]. - Cash outflow from investing activities amounted to CNY 767,362,909.62, down from CNY 898,449,743.34 in the previous year[27]. - Net cash flow from investing activities was -CNY 358,362,868.97, slightly improved from -CNY 387,851,424.70 year-on-year[27]. - Net cash flow from financing activities was -CNY 505,695,123.01, compared to -CNY 85,474,474.15 in the same period last year[27]. - The ending balance of cash and cash equivalents was CNY 1,101,647,068.29, up from CNY 809,318,845.27 year-on-year[27]. Investments and Projects - The company invested a total of RMB 19,976 million in the annual production of 5,000 tons of special alloy pipeline prefabricated components and pipeline maintenance services, with an additional investment of RMB 4,772 million approved on July 31, 2021[11]. - The company signed a construction contract for the Zhejiang Jiuli Special Materials Metal Materials Research Institute project with a contract price of RMB 46 million[12]. - The company purchased assets from Jiuli Group for RMB 130.45 million to enhance business development and employee welfare[13]. - The company also acquired assets from Zhejiang Jiuli Steel Structure Engineering Co., Ltd. to optimize industrial park layout and reduce logistics costs[14]. - The company successfully launched the production line for the annual output of 5,500 KM precision pipes for nuclear power, semiconductors, pharmaceuticals, and instrumentation, enhancing its market competitiveness[17]. Shareholder Information - The company had a total of 29,160 ordinary shareholders at the end of the reporting period[7]. - The second phase of the employee stock ownership plan was completed, with 12,550,095 shares sold, accounting for 1.28% of the current total share capital[16]. Research and Development - Research and development expenses for the quarter were CNY 166,246,496.37, an increase from CNY 139,143,699.81 in the previous year[22].

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 2,960,403,765.81, representing a 36.64% increase compared to CNY 2,166,504,242.47 in the same period last year[18]. - The net profit attributable to shareholders of the listed company reached CNY 376,529,966.15, up 48.50% from CNY 253,561,459.32 in the previous year[18]. - The net cash flow from operating activities was CNY 430,653,561.46, an increase of 28.64% compared to CNY 334,769,387.04 in the same period last year[18]. - Basic earnings per share increased to CNY 0.39, a 30.00% rise from CNY 0.30 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was CNY 352,332,302.00, reflecting a 48.11% increase from CNY 237,881,943.07 in the previous year[18]. - The company reported a significant decrease in financial expenses by 73.78% to ¥6,425,503.46, attributed to reduced interest expenses following the completion of convertible bond conversions[46]. - The company reported a net profit of 8,832,311.40 CNY from its subsidiary Alloy Company, contributing significantly to overall profitability[74]. - The company’s financial indicators, such as basic and diluted earnings per share, were affected by the conversion of convertible bonds, but this did not constitute a significant impact[133]. Revenue Breakdown - In the first half of 2021, the company's operating revenue, total profit, and net profit attributable to shareholders increased by 36.64%, 45.11%, and 48.50% respectively compared to the previous year[31]. - Revenue from the oil, chemical, and natural gas sector was ¥1,576,142,290.84, accounting for 53.24% of total revenue, with a year-on-year growth of 29.82%[48]. - Revenue from power equipment manufacturing surged by 115.41% to ¥396,540,474.70, increasing its share of total revenue from 8.50% to 13.39%[48]. - Revenue from seamless pipes was ¥1,607,650,312.15, which is 54.31% of total revenue, showing a year-on-year growth of 57.90%[52]. - Domestic sales accounted for 78.17% of total revenue at ¥2,314,056,776.51, reflecting a significant year-on-year increase of 70.40%[49]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 6,747,390,870.16, a decrease of 1.06% from CNY 6,819,629,679.33 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company decreased to CNY 4,688,072,828.27, down 2.43% from CNY 4,804,974,012.20 at the end of the previous year[18]. - The company's cash and cash equivalents decreased to ¥1,118,289,915.38, representing 16.57% of total assets, down from 18.23% at the end of the previous year[56]. - Total liabilities increased to CNY 1,914,478,047.71 from CNY 1,869,576,422.76, reflecting a growth of approximately 2.4%[165]. - Owner's equity decreased to CNY 4,832,912,822.45 from CNY 4,950,053,256.57, a decline of about 2.37%[166]. Research and Development - Research and development expenses rose by 29.85% to ¥111,480,640.21 from ¥85,856,322.57, indicating a commitment to innovation and product development[46]. - The company has strengthened its R&D team by introducing senior experts to focus on the development of special alloy products for the power, oil, and marine industries[32]. - The company has established a comprehensive R&D platform, including a research institute and various specialized research stations, with 377 R&D personnel and 114 effective patents[36]. Market Position and Strategy - The company is the largest professional manufacturer of industrial stainless steel pipes in China, recognized as a national high-tech enterprise and a key high-tech enterprise under the National Torch Program[25]. - The company has maintained the highest market share in the domestic stainless steel pipe industry, benefiting from the increasing demand in downstream sectors such as oil and gas, chemical, and power equipment manufacturing[27]. - The company aims to accelerate the development of high value-added stainless steel pipes to replace imports and fill domestic gaps, aligning with national policies on carbon neutrality[30]. - The company continues to focus on differentiated strategies in high-end product markets, leveraging its advantages in scale, R&D, customer resources, and brand quality[31]. Environmental and Social Responsibility - The company strictly adhered to national environmental protection standards, ensuring that all pollutant emissions met regulatory requirements[96]. - The company has not faced any significant environmental issues or major pollution incidents during the reporting period[96]. - The company emphasizes social responsibility, aiming to create a harmonious society and enhance self-development capabilities, contributing to local economic growth[103]. - The company has invested over 100 million yuan in environmental protection since 2017, focusing on clean production and resource conservation[106]. Shareholder and Capital Management - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[85]. - The controlling shareholder, Jiuli Group, transferred 26,700 shares to core management personnel, with no related party relationships involved[91]. - The company has committed to repurchase shares with a total amount not less than CNY 150 million and not exceeding CNY 300 million, with a maximum repurchase price of CNY 15.00 per share[129]. - The total number of ordinary shareholders at the end of the reporting period was 36,829[137]. Future Outlook - Future outlook includes plans for market expansion and potential new product development initiatives[167]. - The company is focused on expanding its production capacity in the stainless steel pipe manufacturing sector, with multiple projects under development[64].

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,289,127,458.25, representing a 59.32% increase compared to ¥809,165,151.48 in the same period last year[4] - Net profit attributable to shareholders was ¥142,160,317.59, up 78.72% from ¥79,545,537.62 year-on-year[4] - The net profit after deducting non-recurring gains and losses reached ¥134,788,821.05, a 92.92% increase from ¥69,869,389.68 in the previous year[4] - Basic earnings per share increased to ¥0.1475, up 56.08% from ¥0.0945 in the same period last year[4] - Operating revenue increased by 59.32% to ¥1,289,127,458.25 compared to ¥809,165,151.48 in the same period last year, attributed to expanded sales[13] - Net profit for Q1 2021 was ¥143,216,344.43, representing a 81.4% increase from ¥78,942,227.07 in Q1 2020[35] - The total comprehensive income attributable to the parent company was ¥141,799,766.07, up from ¥79,545,537.62, marking a 78.3% increase[36] - The total comprehensive income for the current period was ¥142,855,792.91, compared to ¥78,942,227.07 in the same period last year, reflecting an increase of 81.0%[36] Cash Flow - The net cash flow from operating activities was ¥103,451,211.75, reflecting a 63.14% increase compared to ¥63,413,736.53 in the same period last year[4] - Cash flow from operating activities generated a net amount of ¥103,451,211.75, compared to ¥63,413,736.53 in the same period last year, an increase of 63.2%[41] - The total cash inflow from operating activities was 1,433,998,411.35 CNY, while cash outflow was 1,387,949,671.73 CNY, resulting in a net cash flow of 46,048,739.62 CNY[44] - Operating cash flow for the first quarter was 46,048,739.62 CNY, a significant improvement compared to -36,536,983.52 CNY in the same period last year, indicating a positive cash flow trend[44] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,661,348,232.50, a decrease of 2.32% from ¥6,819,629,679.33 at the end of the previous year[4] - The company's total liabilities decreased by 33.33% in accounts payable to ¥200,000,000.00 from ¥300,000,000.00, due to the maturity of payables[13] - The company's total assets decreased to ¥6,216,639,537.43 from ¥6,405,755,690.55, a decline of 2.9%[32] - Total liabilities decreased to ¥1,453,719,406.36 from ¥1,660,432,905.19, a reduction of 12.5%[32] - The total liabilities decreased to CNY 1,692,325,695.39 from CNY 1,869,576,422.76, showing a reduction of about 9.5%[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,103[8] - Jiuli Group Co., Ltd. held 35.24% of the shares, amounting to 344,358,073 shares, with 139,100,000 shares pledged[9] - The company has committed to not reducing its shareholdings for six months after completing its share buyback plan[17] - The company has a commitment from its directors and senior management to limit their share transfers to no more than 25% of their total holdings annually during their tenure[17] Research and Development - Research and development expenses increased by 50.20% to ¥53,237,435.90 from ¥35,443,705.65, driven by an increase in R&D projects[14] - Research and development expenses for Q1 2021 were ¥53,237,435.90, up 50.0% from ¥35,443,705.65 in the previous year[34] - Research and development expenses rose to ¥47,651,585.56, compared to ¥32,171,786.40 in the previous year, indicating a 48.2% increase[37] Investment Activities - Investment income surged by 260.23% to ¥20,906,358.44 from ¥5,803,606.26, primarily from the settlement of forward foreign exchange contracts[14] - The company reported investment income of ¥20,906,358.44, compared to ¥5,803,606.26 in the same period last year, indicating a substantial increase[34] - The company achieved an investment income of ¥25,453,687.28, compared to ¥6,413,061.93 in the previous year, representing a substantial increase of 296.5%[38] Financial Management - Financial expenses decreased significantly by 108.14% to -¥665,039.18 from ¥8,167,215.69, mainly due to reduced interest expenses after the conversion of convertible bonds[14] - Financial expenses decreased significantly to -¥748,625.27 from ¥5,400,845.26, indicating improved financial management[37] Other Information - The company has no violations regarding external guarantees during the reporting period[24] - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[24] - The company has not conducted any research, communication, or interview activities during the reporting period[24] - The company has implemented a risk control system for its derivative investments, focusing on hedging against foreign exchange risks[21] - The company reported a net profit of 1,020.05 million RMB from derivative investments during the reporting period[21] - The company has a total of 8,200.00 million USD in derivative investments, accounting for 12.00% of the company's net assets at the end of the reporting period[20]